SPDR S&P 500 (SPY)

[deadjim]

So the way I see it, this 2009-2022 bull market is over. Rallies from here are bear market rallies. They can be traded but know what it is. Everything has fallen into place. Small caps were the first to go in 2021. Large caps hit next in 2022. Extreme exuberance like no other last few years. The business cycle end and restart is near completion. Now we have energy crisis. Slowing economy. Everything is out of alignment. Even bond market has broke. Currency problems, coming deflation. Wow. Governments will intervene but still bear market rallies to me. BUT how you look at the big picture tells me and others what kind of person you are. are you prepared? Mentally? Financially? Imo we are about to have the best buying opportunity since 2008. Deep recession? Depression? Doesn’t matter. Market will bottom by the end of 2023 if you count starting Jan 22. Possibly extend a bit into 2024. Indexes will remain higher than 2008 overall due to stock growth and companies being swapped out of indices etc, but the same principles apply.

Most folks will ignore the buying opportunity because they’ll be so beat down by the bear they won’t want to buy or touch anything. Plus daytraders just want whatever’s moving and don’t care about markets. But if you’re preparing and understand what’s happening you’ll be fine. The economy will recover.

Incase you’re wondering if I’m issuing a warning at bottom of market, I’ve been in a trading discord for the better part of 2021-22 warning of the risk of 3000 on the SPX.

All just my opinion.